Sunday, January 21, 2018 1:56:08 PM
Although they both have a difference in how $$ money is coming back they both agree - the retained earnings, safe harbor, legally isolated asset, plus other assets are coming back.
The BIG difference is who will it benefit the most. Well first we will all benefit but if mordicai is correct the money will all flow through the LT and go to all marking trackers of preferred and common shareholders.
Now if AZCowboy is correct we will all be happy, but the new WMIH will receive the tell, or a lot of assets that will cause a large boost to WMIH pps and company value.
For me I own a lot of all so will be very happy when it starts. Where it can get confusing is what takes precedence. The rules of the POR, or how each Trust prospectus state how a Trust will get liquidated or dissolved. IMO, this is where AZ may be correct as most of the Trust assets where outside of the POR rules, and most go according to each prospectus.
We should know very soon! My vote AZ wins!
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